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Random JP / RTG thought

Discussion in 'Online Casinos' started by chayton, Aug 8, 2007.

    Aug 8, 2007
  1. chayton

    chayton aka LooHoo CAG PABnonaccred webmeister

    Occupation:
    Freelance Designer
    Location:
    Edmonton Canada
    For instance - if I got a manager bonus of 30 bucks, the max cashout would be $300 - and if I hit a RJ for $3000, where does the other $2700 go? Back into the casino's pockets, right? Why wouldn't it go back into the RJ pot for someone else to try to win?

    Imagine getting a $10 manager bonus and winning a $15K RJ - you get a hundred bucks and the casino gets $14,900 - and everyone else who was trying to win that jackpot gets nada. Doesn't really seem fair does it?

    Not that I ever WON a random jackpot, but still....
    ;)
     
    1 person likes this.
  2. Aug 8, 2007
  3. Mike031

    Mike031 Banned User - violation of <a href="http://www.cas

    Occupation:
    not a loser :o)
    Location:
    not loserland *lol*
    That's really a very interesting question, but maybe someone can answer this?
     
    1 person likes this.
  4. Aug 8, 2007
  5. happygobrokey

    happygobrokey Dormant account

    Occupation:
    student of life
    Location:
    canada
    i thought it goes back into the pot, but maybe only after the player's cashout goes through? i swear someone was saying it goes back in, but not sure for which jackpots, like maybe they were talking about progressives. i hope some of the more knowedgeable pros here have something concrete to answer this question more definitively than i.

    :thumbsup:
     
    1 person likes this.
  6. Aug 8, 2007
  7. chayton

    chayton aka LooHoo CAG PABnonaccred webmeister

    Occupation:
    Freelance Designer
    Location:
    Edmonton Canada
    It would be great if the 'leftover' money is put back into the RJ for the next person but I really don't think that's what happens. I've heard (or read) of quite a few people who won a RJ on a free chip, but in all the times I've played RTG casinos I've never seen a RJ go from $10K to $1K and then back up to $9,900 or whatever. Once it's busted back to $1K, it builds up slowly again over time.

    It would be interesting to find out for sure! Check this out - if the 'leftover' money goes back into the casino's pocket, then don't the casinos have a vested interest in making sure the RJs are won by people who are limited to how much of that money they can cash out?

    lol...just playing to the paranoid faction there...
     
  8. Aug 8, 2007
  9. happygobrokey

    happygobrokey Dormant account

    Occupation:
    student of life
    Location:
    canada
    well a savvy player would spin down that large amount until they get back down to their max cashout, like if you hit a random and played it all back, it's simply gone. they can use all that jackpot cash to build up mega comp points before they go ahead and cash out the maximum allowed. so the jackpot in essence gets spent, even though the money won was never cashable to the winner.

    :thumbsup:
     
  10. Aug 8, 2007
  11. SlotMonster

    SlotMonster SoftSwiss Representative webmeister

    Occupation:
    Manager
    Location:
    Somewhere in eternity
    I think it would be very good if this rule of max cashout won't be spread on RJ. :)
     
  12. Aug 8, 2007
  13. Mike031

    Mike031 Banned User - violation of <a href="http://www.cas

    Occupation:
    not a loser :o)
    Location:
    not loserland *lol*
    That's certainly right, but at the other side, why should they give you so much money, although you've played with their free money?

    So it's very fair, if they give you money as a gift, that they make this 10x rule, because nobody must take this free money :)

    But at the other side at bodog you get also always free money after losing all your deposit and there is also no max cashout ;)
     
    1 person likes this.
  14. Aug 8, 2007
  15. ssgtsnelly

    ssgtsnelly Quit Gambling PABnonaccred

    Occupation:
    MI5 :P
    Location:
    UK
    dont some casinos actually honour those sort of wins? im sure i looked a while back and saw one where it was those 60 min free plays ones and it said if you hit a JP it would be paid in full, i forget where i saw that now though
     
  16. Aug 8, 2007
  17. Simmo!

    Simmo! Moderator Staff Member

    Occupation:
    Web Dev.
    Location:
    England
    I think there was thread recently that said - think it was iNetBet - the casino put the money back into the RJ as long as it was a "local" jackpot rather than one of the RTG group jackpots, over which they have no control.
     
  18. Aug 8, 2007
  19. gerilege

    gerilege Meister Member PABnorogue PABrogue

    Occupation:
    IT
    Location:
    Hungary
    When I won a random jackpot in a similar situation, the remaining amount went to the casino, and I asked the same question. A casino manager explained it to me in the below thread, I try to summarize it:

    http://www.casinomeister.com/forums...real-time-gaming-random-jackpot-question.html

    There's a fixed jackpot drop, let's say 10 cents from a $1 bet, that goes to the pool. In a casino where most people play with large bonuses, it might happen that 6 cents from the 10 cents drop are bonus cents. So when the jackpot grows to $10.000, it also might happen that $6.000 was contributed as bonus, and 4.000 was contributed as deposit. As he explained, hence the maximum cashout rule and that's why it goes to the casino.

    I accepted that statement at the time when I won, but now I only partially agree with that reasoning, because:

    Let's assume that a player deposits 200$, and gets 300$ bonus. The max cashout is 20xdeposit, so 4000$. If he hits an RJ of $4000, he will be paid full. If he hits an RJ of 10000$, he will only get the same 4000$. No matter how she/he and the other players contributed.

    On the other hand if a player who never used a bonus wins, he will get paid, no matter that the jp was boosted by bonus money, and that's fair for the player, but might cause problems for the casino, this is an indirect consequence of offering bonuses.

    So what I accept now from his answer is that there might be some cashout restrictions for a bonus, especially for a free offer. What I don't accept is the straightforward approach to the max cashout rule for bonuses.

    I think a better approach would be - assuming that they would use to same reasoning to explain the max cashout in case of RJs - to restrict the max cashout rule for RJs only (of course I know that RJs are not the only reason to use the max cashout rule, nevertheless), and make the RJ max payout proportional to the deposit/bonus ratio. Additonally to make the free credit promotions credible, define a minimum payout for the RJs, let's say 1000$ in case it is won during bonus play. Now if a bonus player hits the jackpot, he would receive $1000 or an amount which is equal to jackpot*(deposit/(bonus+deposit)), whichever is higher. Sounds complicated, I agree, but probably fair for bonus and non-bonus players on the long run.

    Finally I think that the one jackpot per casino is a unique feature of RTG RJs. So it's basically up to an RTG casino to decide what to do with the remaining jackpot. The casino might take the challenge, and put back it to the pool, or might decide to offer large bonuses, but restrict the cashout, I can accept it as a marketing strategy, although I do not like it. But that's why you should always check the T&C.
     
  20. Aug 8, 2007
  21. mysticjoz

    mysticjoz Senior Member

    Occupation:
    disabled~ (still capable of being pretty darn stub
    Location:
    somewhere... over the rainbow!
    Yes simmo... Inetbet did put back the Aladdins Jackpot when it was won on either a credit, or bonus.. I remember playing it when it was at 7 grand and it was hit... about a week later they put it back. I did send an email to support questioning how it got back and they told me that they felt it was only fair since it was won on a credit/bonus so they had RTG restore the jackpot after paying the winner the amount they were entitled to!
    WTG Inetbet... Not all online casino's will do that! :thumbsup:
    (I will try to find the email, but with a change in my email account,, all old emails were purged, however I did forward alot to a "bogus account" to save them).
     
    1 person likes this.
  22. Aug 8, 2007
  23. KasinoKing

    KasinoKing WebMeister & Slotaholic.. CAG MM PABnonaccred webmeister

    Occupation:
    House-Husband and Casino Advisor
    Location:
    Bexhill on sea, England
    I'd just like to hit a RJ first... then worry about it! :D

    My gut feel is that the 'rogue' casinos keep the confiscated funds, whereas reputable places like iNetBet put it back.
    Either way I think it a bit rich for players to complain - after all, most RTG's do give out HUGE amounts of free bonuses.
    :thumbsup:
     
    3 people like this.

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